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Thursday, May 21, 2020 6:20:51 PM
LOOKING AT THE QUARTER REPORT - I CIRCLED THE MOST IMPORTANT NUMBERS
For ease of math - I am rounding off to $10M in Debt and I am approximation using 35% as the percentage of profit for revenue.
So approximately how much revenue would SGMD need to pay off the $10M debt? $10M /.35 means SGMD would need $28.6M in Revenue to pay off this debt.
However if SGMD pays off only 1/3 of the Debt this would cause the price per share to fly, because the first 1/3 indicates that they can do it.
Therefor in CONCLUSION SGMD ONLY NEEDS 1/3 OF $28.6M IN REVENUE TO FLY:
ONLY $9.5M IN REVENUE NEEDED FOR SGMD TO FLY $$$$$
With that being mentioned and this 8-K it should happen rather quickly!
https://www.otcmarkets.com/filing/html?id=14117056&guid=x5xHUqq8LMcfv3h
Then bring on BUDCARS and it's SHOW TIME !!!!!
GO SGMD$
$SGMD
$SGMD
$SGMD
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